Jefferies Financial Group Reiterates Buy Rating for AO World (LON:AO)

AO World (LON:AO)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a research note issued on Friday, Marketbeat Ratings reports. They currently have a GBX 155 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 63.16% from the stock’s current price.

AO World Price Performance

Shares of AO World stock opened at GBX 95 on Friday. The stock has a market cap of £552.46 million, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of -2.13 and a beta of 1.24. The company has a debt-to-equity ratio of 41.38, a quick ratio of 0.48 and a current ratio of 1.02. The stock has a 50 day moving average price of GBX 94.61 and a 200-day moving average price of GBX 101.67. AO World has a one year low of GBX 77.15 and a one year high of GBX 120.40.

Insider Buying and Selling

In other news, insider Chris Hopkinson sold 700,000 shares of AO World stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of GBX 107, for a total value of £749,000. Also, insider John Roberts sold 2,500,000 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of GBX 105, for a total transaction of £2,625,000. In the last quarter, insiders sold 4,200,000 shares of company stock valued at $444,400,000. Company insiders own 47.09% of the company’s stock.

AO World Company Profile

AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.